This is how fucking easy it is. This is a millionaire. Imagine what someone with hundreds of billions of dollars could do.
this post was submitted on 20 Mar 2025
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These units may be basically sheds, but I've seen people pay half a million to have the same thing three floors up in central London.
“I won the parent lottery, the education lottery, the country lottery,” LeBrun told Macleans. “It would be arrogant to say every piece of my ‘success’ was earned, when so much of it was received.”
Looks like he did this because he’s actually a decent reasonable person.
Dude's getting 20k/mo rent and helping the poor. That's fucking awesome.
I accept millionaires.
I've yet to see moral billionaires.
Most millionaires probably don't even know it and certainly don't feel it. It's old people who've been living in the same house for 50 years, who still worry about the price of beans.
Well you sure as hell can't have generally high moral standards and earn a billion from scratch. You have to either screw the environment on a very large scale and/or screw lots and lots of people.
And if you are in a context where you inherit a billion and think there is no problem with an individual having billions, odds are you are also not in a great position moral-wise.
Yep, I've seen friends reach the seven figure area through steady seven day weeks and some luck picking their trade and finding industrial clients over a period of fifteen to twenty years. I have seen how little they slept and how kids were basically only possible because they were pretty self reliant from age 12 or 13 and helped a lot around the house. I have no idea how a human could possibly create a thousand times that value in their lifetime.
This is really great to see. So glad there are people like this out there willing to extend empathy to people who are struggling. I love that this project also respects their clients' autonomy as well. The fact that you don't have to stay sober to be there, I think it's great. Just give someone a stable roof over their head, a small support network, and I believe they can turn around their addictions and their lives.
Damn, $200 sounds low, on the other hand 30% is a crazy share. I'm targeting 10-15% at most.
In France the law does not allow rent (or mortgage) payments higher than 1/3 of net monthly income.
It is pretty effective at keeping the housing market vaguely in check.
Fell apart after COVID when a bunch of Parisians sold their little apartments and arrived in the provinces with a million in their pocket. The law has kept it level after that big jump though I think.
In fairness seems to also include all utilities (wonder if internet counts as a utility?)
German here, 30% of income after taxes was the rule since a few decades, but in reality many people are closer to 50% now. How do you manage 15%?
EDIT: Oh, right, just saw the 8k income. That's C-Level money here.
It's a lot but certainly nowhere near C-level.
High risk, high reward I guess. Less social security, more immediate gain.
You misunderstand me, I'm German myself. That's nowhere near C-level, at least not in the bigger corporations. 8k a month is not even 100k a year. Engineers can earn that.
8k after taxes? That's like 16k before.
Wait what? Your rent is 10-15% of your income? What's that like in absolute numbers?
Closer to 9% right now, 700 USD vs. 8k income after tax. But I generally don't spend more than 1k regardless, it's a hard limit for me.
Do you work remotely? I'm finding it hard to imagine a high salary in a very low rent area.
Where I live, 8000 net would be 150k a year. That's a high salary around here and rent is not less than 2k a month for a basic apartment for one.
The thought of 700USD for housing just gave me a boner
Rent pricing is what the people should target first. Hard to fight the nutjobs when rent is so expensive
Simply approving more housing helps too https://worksinprogress.co/issue/the-housing-theory-of-everything/
approving more housing is like realizing that hey maybe i should stop actively hammering the splinter into my toe!
i mean yeah, you should do that, but if that's the point we're at maybe it's time to start screaming about it rather than going "man this situation is suboptimal"
Based